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Wednesday, May 14, 2025

Illinois's miscellaneous tax revenues down 12.2% in Q1 2022

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David Harris Commissioner of Revenue at Illinois Department of Revenue | Illinois Department of Revenue

David Harris Commissioner of Revenue at Illinois Department of Revenue | Illinois Department of Revenue

Illinois collected $166 million in miscellaneous tax revenue during the first quarter of 2022, a 12.2% decrease from the previous quarter, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.

Miscellaneous tax revenue reached $189 million in the previous quarter.

Net sales reflect companies' total revenue stream, minus the costs of discounts, allowances and product returns.

In addition to detailed tax revenue data from each state, the Quarterly Summary of State and Local Government Tax Revenue includes an estimate of state and local government tax revenue at a national level.

The Census Bureau cautions that it sets the tax classifications among the survey categories, and they may differ from the classifications set by the state governments.

Q1 2022 Illinois Tax Collections

Type of TaxAmount (millions)
Property Taxes$16
Sales and Gross Receipts Taxes$6,016
Income Taxes$8,133
License Taxes$871
Miscellaneous Taxes$166

Source: U.S. Census Bureau

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